Sign a Promissory Note
A promissory note is the legal, binding document that must be signed by the borrower prior to loan funds being disbursed to your school. The promissory note states the terms and conditions of the loan, including repayment schedule, interest rate, and cancellation provisions. You should keep this document until the loan has been repaid in full.
If you have a current loan application on file with us and have been notified by your financial aid office or SC Student Loan that you need to complete a promissory note, you can sign your PAL promissory note/cosigner addendum electronically now OR you can print, sign, and mail a PAL promissory note/cosigner addendum.
Questions? Contact Us